LocalCoinSwap is building a P2P cryptocurrency exchange and launching an associated Cryptoshare ICO.
LocalCoinSwap features a completely decentralized peer-to-peer trading structure. There are no centralized bank accounts, no verification requirements, and no restrictions on trade.
Furthermore LocalCoinSwap distributes 100% of the sites profits to holders of Cryptoshares on a 1-to-1 basis, through a blockchain-based decentralized dividend application.
Cryptoshare holders receive free airdrops of new ICO tokens listed on the LocalCoinSwap platform, as well as special offers from companies trying to raise pre-ICO funding.
Cryptoshare holders can even vote on important decisions in the running of the exchange.
LocalCoinSwap has no bounties.
Brandon Zeman gave this ICO a 3 / 5
LocalCoinSwap has an opportunity to advance the current state of P2P exchanges, but this project still falls short of full decentralization and does nothing to address major issues of incumbents (e.g. low volume, low liquidity, large price spreads, and frequent escrow disputes).